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Awaiting price reaction for this filing.
Aarcon Facilities Ltd has informed BSE that the Annual Secretarial Compliance Report under SEBI's Regulation 24A is not applicable to the company for FY ending 31 March 2025. The company's paid-up equity share capital is Rs. 5.06 crore (below the Rs. 10 crore threshold) and its net worth is negative Rs. 13.48 lakh (below the Rs. 25 crore threshold). Because both criteria are unmet, corporate governance provisions under Regulation 15(2) of the SEBI LODR Regulations also do not apply. A certificate confirming this exemption has been issued by Devesh R. Desai, Practicing Company Secretary.
No direct effect on shareholders — this is a routine exemption disclosure. However, the negative net worth is a red flag indicating the company's liabilities exceed its assets, which investors should monitor closely.